Tata group inks land deal for semiconductor plant in Assam
semiconductor

Tata group inks land deal for semiconductor plant in Assam

News Business

Tata group inks land deal for semiconductor plant in Assam

Assam govt to lease over 170 acres of land for Rs 27,000 cr plant; facility to create 30,000 jobs

PTI

Jul 17, 2024 10:00 AM | UPDATED: Jul 16, 2024 11:39 PM | 4 min read

#Morigaon (Assam)
The Assam Government on Tuesday signed an agreement with the Tata Group to lease over 170 acres of land to the company at Jagiroad in Morigaon district for a Rs 27,000-crore semiconductor plant.

The 60-year lease was finalised at the sub-registrar’s office by Tata Group member Ranjan Bandopadhyay and Assam Industrial Development Corporation’s (AIDC) manager (tech) and project in-charge Dhiraj Pegu. District Commissioner (DC) Devasish Sharma, along with Tata Group officials, including Kaninika Thakur, Ashish Mishra, and Avinash Dhabade, were present on occasion.

Speaking to reporters after signing the deal, Sharma said it was a significant day for the entire state.
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The facility, to be built on the site of the former Hindustan Paper Corporation Limited, is expected to create over 30,000 jobs, with the first phase set to be operational by mid-2025. Prime Minister Narendra Modi had virtually laid the foundation for the plant on March 13. PTI

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